The company is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion.

Kraft Heinz's potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost ...

Kraft Heinz shares have fallen 15% this year, dragging its market value down to $42.2 billion. The S&P 500 has risen 16% during that period.

Kraft Heinz: Heinz Ketchup aired a commercial that was 0.57 seconds long during Sunday’s Nascar race Kraft Heinz: This Kraft Heinz baby food campaign powerfully highlights Italy's falling birth rate ...

Five Kraft Heinz Co. brands would have annual sales between $500 million and $1 billion. Boxes of Kraft Foods Inc. Macaroni & Cheese are pictured in Glenview, Ill. on Jan. 19, 2010.